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News highlights – 4 September 2017

News highlights – 4 September 2017

Written by on September 5, 2017 in News with 0 Comments

News highlights for 4 September 2017 In China, new rules cause rush for licenses to fly drones BEIJING (Reuters) – A buzz fills the sky above a flight base in northern Beijing, as pilots practise take-offs and landings ahead of tests to qualify for a license – to fly drones. Read more… Landmark antitrust ruling […]

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Blackstone Group calls off Aussie mall sale on Amazon fears

Blackstone Group calls off Aussie mall sale on Amazon fears

Written by on September 5, 2017 in News with 0 Comments

SYDNEY (Reuters) – Private equity giant Blackstone Group has called off the sale of its A$3.5 billion ($2.8 billion) Australian shopping mall portfolio, a source said, as the looming arrival of Amazon.com spooks buyers of bricks-and-mortar stores. With no interest in the entire 10-mall package, the cancelled sale is also the latest sign of stress […]

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At KFC in China, customers can pay for a meal with a smile

At KFC in China, customers can pay for a meal with a smile

Written by on September 4, 2017 in News with 0 Comments

SHANGHAI (Reuters) – Diners at a KFC store in the eastern Chinese city of Hangzhou will have a new way to pay for their meal. Just smile. Customers will be able to use a “Smile to Pay” facial recognition system at the tech-heavy, health-focused concept store, part of a drive by Yum China Holdings Inc […]

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News highlights – 3 September 2017

News highlights – 3 September 2017

Written by on September 4, 2017 in News with 0 Comments

News highlights for 3 September 2017 Four million Time Warner records found on unsecured server (Reuters) – More than four million records of users of Time Warner Cable’s MyTWC app were found unsecured on an Amazon server last month, digital security research center Kromtech Security Center said in a blog post on Friday. Read more… […]

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Huawei adds AI to take aim at Apple, Samsung with new phone

Huawei adds AI to take aim at Apple, Samsung with new phone

Written by on September 4, 2017 in News with 0 Comments

BERLIN (Reuters) – Huawei aims to use artificial intelligence-powered features such as instant image recognition to take on rivals Samsung and Apple when it launches its new flagship phone next month, a top executive said on Saturday. Richard Yu, chief executive of Huawei’s consumer business, on Saturday revealed a powerful new mobile phone chip Huawei […]

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Digital Commissioner chief to set up expert group on fake news

Digital Commissioner chief to set up expert group on fake news

Written by on September 1, 2017 in News with 0 Comments

New EU Digital Commissioner Mariya Gabriel will set up an expert group this autumn on fake news as one of the first measures she is taking in the job. Gabriel took office in July and is preparing to set up a high-level expert group to advise her on fake news, she told journalists on Tuesday […]

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Yahoo must face lawsuit brought by data breach victims

Yahoo must face lawsuit brought by data breach victims

Written by on September 1, 2017 in News with 0 Comments

(Reuters) – A U.S. judge said Yahoo must face nationwide litigation brought on behalf of well over 1 billion users who said their personal information was compromised in three massive data breaches. Wednesday night’s decision from U.S. District Judge Lucy Koh in San Jose, California, was a setback for efforts by Verizon Communications Inc, which […]

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News highlights – 31 August 2017

News highlights – 31 August 2017

Written by on September 1, 2017 in News with 0 Comments

News highlights for 31 August 2017 US House to vote on speeding up self driving car deployment (Reuters) – The U.S. House of Representatives will vote Wednesday on a sweeping proposal to speed the deployment of self-driving cars without human controls and bar states from blocking autonomous vehicles, congressional aides said. Read more… Fujitsu using […]

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Facebook launches Watch to compete with YouTube ad dollars

Facebook launches Watch to compete with YouTube ad dollars

Written by on September 1, 2017 in News with 0 Comments

(Reuters) – Facebook Inc launched its Watch video service to U.S. users on Thursday with plans to allow people to submit shows, as the No. 1 social media network vies with Alphabet Inc’s YouTube for advertising revenue. Advertisers are shifting more of their budgets from television to online as viewers have migrated to watching shows […]

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Banks turn to insurance to protect against ‘operational risk’

Banks turn to insurance to protect against ‘operational risk’

Written by on August 31, 2017 in Features, News with 0 Comments

LONDON (Reuters) – Banks are increasingly turning to insurance to protect their capital from “operational risks” like cyber attacks and rogue traders, and insurers say they can help safeguard lenders by providing an extra layer of expertise. After a spate of expensive court cases and IT outages, banks including Credit Suisse, Deutsche Bank and Lloyds […]

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